Category: Residential Mortgages
One in five are hoping for property prices to increase over the next 12 months with this growing to over a quarter (27%) next year and a third (32%) for 2020.
A team of 25 works across the company’s eight North East branches in Gateshead, Newcastle, Sunderland, Chester le Street, Northumberland, Middlesbrough, Darlington and York.
Having entered for the first time in 2018, Together ranked 52nd in this year’s list. Cheadle-headquartered Together also stands out as one of the few financial services businesses based in the North West to make it onto the list.
However, the#MillennialMoney research found that 64% of this age group are optimistic about achieving their future financial ambitions, compared to less than half (47%) of their Generation X predecessors and only four in 10 (39%) Baby Boomers.
The 90% LTV rates now start at 2.04% for a 2-year fixed rate mortgage. This rate is available to those buying a house or remortgaging, and comes with a £995 completion fee.
Total property wealth owned by over-65s who are mortgage-free is at a new record high of £1.118 trillion, after increasing by £5,998 on average across Great Britain.
Forecast revenue fell from £165-175m to £113-140m owing to slower than expected growth in the US business and ‘a number of headwinds’ in Australia.
Both have joined the society board, alongside five executive directors and seven non-executive directors, including chairman Robin Ashton.
The announcement that Intrinsic would rebrand was first made in November 2017.
In Q4 Together grew monthly loan originations by 24.9% to £171.7m, compared to the same quarter last year. The group delivered profit before tax of £31.2m and cash receipts to £363.0m for the quarter.